Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 10.47

+1.9%

3:59 PM EST

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To: John T. Hardee who wrote (990)	6/4/1997 11:41:00 PM
From: Dennis G.	of 4134

I don't know John. This poor little stock is so grossly manipulated. I think there's a small club of traders that like to swing this thing up and down like a yo-yo. Ninety percent of its price movement has nothing to do with the company but the traders can always find a reason for this movement. Unfortunately, I think this whipsaw reputation scares off a lot of long term investors who would otherwise like to buy its growth potential. And those are just the type of holders who could stablize this meaningless volatility. I guess you just have to get use to it. Probably will continue until they post some good earnings numbers and breakout of this trading range.

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